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320 North Spring Avenue

320 North Spring Avenue, La Grange Park, IL 60526
House in Proviso
Sold May 15, 2019
$705,000
$507,000 by Proper Rate Llc
Mortgage Due Feb 01, 2051
Sold Mar 26, 2008
$500,000
$400,000 by Home Finance Corp
Mortgage Due Apr 01, 2038
320 North Spring Avenue in La Grange Park, IL was first built in 1912 and is 112 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a unknown style. There are a total of 2 floors. There are a total of 10 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 320 North Spring Avenue has 2,852 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 500 ft and the linear feet between the front and back of the lot is 1,170. In total, the area measurement of the land is 5,850 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. Water for the property is sourced from a municipal system. For those who need parking, there is a detached garage. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of wood. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 320 North Spring Avenue sold most recently in May 2, 2019 for a total of $705,000. If you work out the math, that's approximately a cost of $247.19 per sqft. Before that, the property was also sold for $500,000 in Mar 17, 2008. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $15,990 in taxes each year. 320 North Spring Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $80,000. If we break it down further, the land itself was valued at $5,996. Improvements to the property, however, were assessed at a total of $74,004. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Vinyl Siding

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1912
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Unknown
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,850
  • Lot Size Depth Feet: 1,170
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,852
  • Gross Building Area: 2,852
  • Building Area: 2,852
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,852
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: CORK & JOHNSONS
  • Land Acres: 0.134
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (CORK) & (JOHNSONS) SUB IN SEC 33-39-12

Ownership

  • Current Owner : DOW WILLIAM
  • Current Owner 2: DOW MADELYN
  • Previous Owner : JACKSON MICHAEL W
  • Previous Owner 2: JACKSON MEGHAN R
  • Owner Before Previous Owner: WATKINS KEITH P
  • Owner Before Previous Owner 2: WATKINS BARBRA G
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Lyons Township High School District 204
  • Census Tract: 819000

Geography

  • District: 31
  • Parcel: 15-33-326-020-0000
  • Lot: 9
  • Meridian: SEC 33 TWN 39N RNG 12E
  • Municipality: PROVISO
  • Latitude: 41.8204
  • Longitude: -87.8765

    Address

  • Full Address: 320 N Spring Ave
  • Address - House Number: 320
  • Street Direction: N
  • Address - Street Name: Spring
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: La Grange Park
  • Carrier Code: C011
  • 4-Digit Zip Code: 1812
  • Zip Code: 60526

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $15,990
  • Tax Rate Code Area: 31050

    Appraisal Valuation

  • Standard Deviation: 0.2277
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 873,706
  • High Value: 1,072,660
  • Low Value: 674,753

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $507,000
  • First Open Lien Mortgage Lender: PROPER RATE LLC
  • First Open Lien Mortgage Recording Date: Feb 19, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $507,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2051

    Market Valuation

  • Market Total Value: $800,000
  • Market Land Value: $59,960
  • Market Improvement Value: $740,040

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $80,000
  • Assessed Land Value: $5,996
  • Assessed Improvements Value: $74,004

    Sales

  • Current Sale Contract Date: May 02, 2019
  • Current Sale Recording Date: May 15, 2019
  • Current Sale Transaction ID: 11607336097
  • Current Sale Price: $705,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1913534034
  • Previous Sale Recording Date: Mar 26, 2008
  • Previous Sale Contract Date: Mar 17, 2008
  • Previous Sale Amount: $500,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CIBC BANK USA
  • First Mortgage Transaction Date: May 15, 2019
  • First Mortgage Loan Amount: $564,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2049

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: HOME FINANCE CORP
  • Previous Mortgage Transaction Date: Mar 26, 2008
  • Previous Mortgage Loan Amount: $400,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: Apr 01, 2038

About La Grange Park



Similar Buildings

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Nearby Rentals

Unit for rent at 149 Gilbert Avenue, La Grange, IL, 60525

$3,400 /mo

  • 3 Beds
  • 3 Baths
  • 2,600 ft²
149 Gilbert Avenue, La Grange, IL, 60525 Listing by Robert Miller

Frequently Asked Questions

What neighborhood is 320 North Spring Avenue located in?
The 320 North Spring Avenue is a house located in the neighborhood of Proviso in La Grange Park, La Grange Park.
What is the average sales price for listings in 320 North Spring Avenue?
The average sales price for units in 320 North Spring Avenue is $0 currently.

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